Focus on European default risk only, at your peril!Published: Thu, 09 Feb 12 The Eurozone itself and countries within the Eurozone, given the daily litany of difficulties, have received most of the international media’s attention almost to the exclusion of other countries around the world. Undoubtedly the current financial crisis in Europe has and will continue to cause palpitations ...
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Private vehicles unknowingly left uninsured on motor dealer floorsPublished: Wed, 08 Feb 12 An increasing number of consumers have discovered that their vehicles are not covered by their insurance policy when left with motor dealers to be sold on their behalf, leaving them exposed to huge financial loss should the vehicle be damaged or stolen.
This is according to Peter Atkinson, National Technical ...
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Making good on goods in transitPublished: Wed, 08 Feb 12 Road transport is the fastest, most flexible, economical and efficient means of transportation in South Africa. However, with the benefits come risks. Diederick Esterhuizen, Goods in Transit Executive at Heavy Commercial Vehicle Underwriting Managers (Pty) Limited (HCV), provides some points to consider when transporting ...
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A loss Consumers can ill affordPublished: Mon, 06 Feb 12 The FSB regularly provides an update on the number of licences which were suspended or withdrawn and those whose status was reinstated after withdrawal or suspension. The table below provides details of such reports released over the last 13 months.
FSP update on:
Suspended
Suspension ...
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Compass ensures Limpopo region flooding claims are seamlessPublished: Mon, 06 Feb 12 The recent flooding disaster in January in and around Hoedspruit, located in the Limpopo region, after 300mm of rainfall was recorded over a 48 hour period, has resulted in a humanitarian crisis, but also millions of Rands of damage to both commercial and residential property in the region.
In recognition ...
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Registration has opened for The Insurance Conference 2012Published: Thu, 02 Feb 12 Registration has opened for The Insurance Conference 2012 which will be held at Sun City, from 10 - 13 June 2012 and an early bird discount is available for early bookings until 9 March 2012, so get registered now.
The Annual Insurance Conference provides a forum for all sectors of the insurance industry to ...
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The importance of having adequate commercial insurance coverPublished: Wed, 01 Feb 12 By Steve Legge
General Manager: Sales
Mutual & Federal
When it comes to owning a business, whether it be a small dress shop or a large trucking operation, the necessity for commercial insurance is a no-brainer. Incidents such as theft and damage can have a potentially ...
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CIB to sponsor Vodacom Super Rugby from 2012Published: Tue, 31 Jan 12 The South African Rugby Union (SARU) today welcomed CIB Insurance Administrators (CIB) into their sponsorship family after CIB secured a new three year partnership deal as an associate sponsor for Vodacom Super Rugby.
Vodacom Super Rugby is the largest rugby union competition in the Southern Hemisphere, consisting ...
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Big data holds big challenges for 2012Published: Mon, 30 Jan 12 As 2012 rolls in amid continued economic uncertainty, businesses will have to work smarter to achieve sustainability and growth. One way of succeeding is to extract more value from data through business intelligence (BI) and analytics. This poses a huge challenge to the organisation, particularly in face of the growth ...
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The importance of directors and officers liability insurancePublished: Mon, 30 Jan 12 By Lucian Carciumaru
Camargue Underwriting Managers (Pty) Ltd
There has been an international trend toward increased liability and accountability of company directors. It seems that there has been an increased tendency for courts and society to hold directors accountable – when company stakeholders ...
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Survey - Professionals are more upbeat on the state of the economyPublished: Thu, 26 Jan 12 Confidence among graduate professionals* improved in the final quarter of 2011, according to the latest results from the PPS Graduate Professionals Confidence Index, with an overall confidence level of 58%, the highest level recorded since the first quarter of last year.
The quarterly survey, which now tracks ...
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Car jamming has insurance implicationsPublished: Thu, 26 Jan 12 Vehicle owners are being hit hard with thefts of valuables from parked cars as car jamming gangs targets shopping centres and schools in the northern suburbs. A report on the front page of the Star newspaper today (25 Jan) says a dramatic shootout unfolded at Bryanston Parallel Medium Primary School between ...
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Aon Kicks Off Second Leg of Epic Soccer Journey through AfricaPublished: Thu, 26 Jan 12 “Pass It On” initiative to engage clients, colleagues and communities as Manchester United football travels from Cape to Cairo
Aon South Africa kicked off the second leg of its eight month Cape to Cairo journey from its head office in Sandton last week. Aon staff members set off in four branded ...
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An introduction to tax insurancePublished: Tue, 24 Jan 12 Tax Radar is a tax insurance policy aimed at businesses, high net worth individuals and professionals. In a nutshell, the taxpayer purchases legal defence and accounting cover for a relatively inexpensive premium which enables them to engage top tax professionals to act on their behalf should the need arise.
For ...
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SA farmers face increased insurance risks in 2012Published: Tue, 24 Jan 12 Severe weather conditions recently recorded throughout South Africa, such as the heat wave and fires in the Western Cape and erratic rainfall in the Mpumalanga and Limpopo provinces, has highlighted the urgent need for farmers to reassess their risk management processes.
This is according to Jonjon Smit, Director ...
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Retirement Fund Trustee Liability - The Long Overdue CorrectionPublished: Mon, 23 Jan 12 By Lucian Carciumaru
Camargue Underwriting Managers (Pty) Ltd
The previous decade produced minimal claims against the Retirement Fund Trustee Policy (the Policy). This of course meant that the scope of cover was widened drastically, whilst premium rates dwindled.
To illustrate the extent of the ...
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